NFO alert: Nippon India Flexi Cap Fund closes on August 9

Blog | Mutual Funds

Nippon India Flexi Cap Fund is an open-ended dynamic equity scheme, which will invest across large, mid and small-cap companies.

Good to know

Flexi-cap fund
A flexi-cap fund invests in companies or stocks across market capitalisation and sectors. This helps in reducing risks and volatility. Flexi-cap funds were earlier referred to as multi-cap funds.

Investment objective

As the economic revival gains pace, the markets are witnessing a broader rally. This trend is expected to continue as the rebound in corporate earnings, high liquidity and low interest rates fuel market optimism. To take advantage of this economic recovery, Nippon India Mutual Fund has launched a flexi-cap scheme, which will have a combination of large, mid and small-cap stocks.

The fund will create a portfolio by blending stocks that provide growth and stability. Nippon India Flexi Cap Fund will attempt to generate alpha through a bottom-up stock selection process and play the high growth themes. At the same time, it will maintain exposure to well-established companies for stability.

This flexibility or “go anywhere approach” in terms of asset allocation is expected to deliver better return across market cycles. The scheme is suitable for investors with a long-term horizon.  

Click here to invest in this NFO      

Asset allocation

Instrument Allocation (% of total assets) Risk profile
Minimum Maximum
Equity and equity-related instruments 65 100 Medium to high
Debt and money market instruments 0 35 Low to medium

Scheme details

Name Nippon India Flexi Cap Fund
Type An open-ended dynamic equity scheme investing across large, mid and small-cap stocks.
Category Equity
Expense ratio Up to 2.25%
Benchmark Nifty 500 TRI
Load structure Entry: Nil
Exit:
Before 12 months: 1%
After 12 months: Nil
Fund manager
  • Manish Gunwani and Dhrumil Shah
  • Varun Goenka and Nikhil Rungta (Co-fund managers)
  • Kinjal Desai (Dedicated fund manager for overseas investments)
Options Growth and income distribution-cum-capital withdrawal plan
Minimum application amount (during NFO) ₹500 and in multiples of ₹1 thereafter
Additional application amount ₹100 and in multiples of ₹1 thereafter

Click here to invest in this NFO

This product is suitable for investors who are seeking*: Riskometer
  •       Long term capital growth
  •       Investment in equity and equity related securities

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

Note: The above information has been sourced from the Scheme Information Document provided by Nippon Life India Asset Management Limited. To read the entire document, click here

Disclaimer

RKSV Securities India Private Limited (ARN/Distributor - 107930; brand name Upstox) is the distributor of the mutual fund. Please consult your investment advisor before investing.

Mutual fund investments are subject to market risks, read all scheme related documents carefully. 

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